Peninsula Energy (OTCMKTS:PENMF) Stock Price Up 9.9% – Should You Buy?

Shares of Peninsula Energy Limited (OTCMKTS:PENMFGet Free Report) shot up 9.9% on Monday . The company traded as high as $0.51 and last traded at $0.50. 4,976 shares were traded during mid-day trading, a decline of 83% from the average session volume of 29,483 shares. The stock had previously closed at $0.46.

Peninsula Energy Price Performance

The firm has a 50-day simple moving average of $0.66 and a 200-day simple moving average of $0.75.

About Peninsula Energy

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Peninsula Energy Limited, together with its subsidiaries, operates as a uranium exploration company in the United States. The company's flagship project is its 100% owned Lance uranium project located in Wyoming. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.

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